Markets / Mutual funds / Sectoral / Thematic

Nippon India Innovation Fund - Regular Plan - Growth

NAVs of 6 Nov 2026

Nippon India Mutual Fund · Equity fund · Regular plan · Growth

Sectoral / ThematicRegular · GrowthRisk: Very High

NAV · 5 Nov 2026

₹14.4887 ▲ 2.23%

Nippon India Mutual Fund

Fund size₹3,019 crJuly - September 2026

1-month range₹13.35 – 14.49

1 year-1.05%rank 155 of 248

3 years+12.91%a year

5 years–a year

What the fund does

The investment objective of Nippon India Innovation Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

BenchmarkNifty 500 TRI

Launched28 Aug 2023

Fund houseNippon India Mutual Fund

Fund managersVinay SharmaRishit Parikh

NAV history

Returns

1 week

+4.64%avg 4.3%

1 month

+0.13%avg 2.1%

3 months

-4.17%avg -2.2%

6 months

+3.07%avg 2.7%

This year

+1.09%avg 3.1%

1 year

-1.05%avg 2.7% · #155/248

3 years (a year)

+12.91%avg 13.7% · #76/146

Bars: this plan; the thin mark is the Sectoral / Thematic average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-1.4
2025	-5.2	-8.2	+6.6	+3.3	+5.1	+3.9	+0.2	+0.4	-0.0	+1.4	+0.1	-1.5
2026	-5.5	+1.8	-11.4	+12.7	+1.8	+2.7	+2.1	+3.9	-6.3	-3.7	+5.2

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held5760 lines in all

Top 10 stocks33.9%of the fund

Equity97.5%stocks and equity derivatives

Debt & cash2.5%everything else

Where the money is

Equity 97.5%Cash & others 2.5%

Sectors (stocks held)

Retailing

22.0%

Auto Components

7.4%

Banks

6.8%

Electrical Equipment

6.2%

Insurance

4.8%

Leisure Services

4.5%

Consumer Durables

4.2%

Financial Technology (Fintech)

4.1%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	97.5%	98.8%	-1.23
Short positions	0.0%	-0.2%	+0.19
Cash & others	2.5%	1.3%	+1.23
Top 10 stocks	33.9%	33.7%	+0.25
Number of stocks	57	59	-2

New stocks 3

HDFC Bank Limited2.02%
PhysicsWallah Limited0.98%
Cholamandalam Investment and Finance Company Ltd0.55%

Stocks sold off 5

Bajaj Finserv Limitedwas 2.53%
Infosys Limitedwas 2.01%
Motherson Sumi Wiring India Limitedwas 0.76%
Sanofi India Limitedwas 0.42%
Urban Company Ltd.was 0.03%

Bought more 5

Max Financial Services Limited+0.77
ICICI Lombard General Insurance Company Limited+0.67
JSW Energy Limited+0.52
Varun Beverages Limited+0.44
Kirloskar Oil Engines Limited+0.30

Cut back 3

FSN E-Commerce Ventures Limited-0.62
Krishna Institute Of Medical Sciences Limited-0.44
PB Fintech Limited-0.29

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 57

Holding	Sector / type	% of fund
Eternal Limited INE758T01015	Retailing	5.22%
Info Edge (India) Limited INE663F01032	Retailing	4.64%
Trent Limited INE849A01020	Retailing	3.54%
Varun Beverages Limited INE200M01039	Beverages	3.47%
Samvardhana Motherson International Limited INE775A01035	Auto Components	3.17%
3M India Limited INE470A01017	Diversified	3.16%
Swiggy Limited INE00H001014	Retailing	2.91%
ZF Commercial Vehicle Control Systems India Limited INE342J01019	Auto Components	2.71%
Avenue Supermarts Limited INE192R01011	Retailing	2.56%
Axis Bank Limited INE238A01034	Banks	2.52%
One 97 Communications Limited INE982J01020	Financial Technology (Fintech)	2.51%
ICICI Bank Limited INE090A01021	Banks	2.26%
Siemens Energy India Limited INE1NPP01017	Electrical Equipment	2.19%
ICICI Lombard General Insurance Company Limited INE765G01017	Insurance	2.18%
Kirloskar Oil Engines Limited INE146L01010	Industrial Products	2.11%
FSN E-Commerce Ventures Limited INE388Y01029	Retailing	2.05%
LG Electronics India Ltd INE324D01010	Consumer Durables	2.03%
HDFC Bank Limited INE040A01034	Banks	2.02%
Hindustan Aeronautics Limited INE066F01020	Aerospace & Defense	2.00%
Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	1.86%
Coforge Limited INE591G01025	IT - Software	1.80%
Honasa Consumer Limited INE0J5401028	Personal Products	1.79%
Max Financial Services Limited INE180A01020	Insurance	1.77%
ABB India Limited INE117A01022	Electrical Equipment	1.74%
InterGlobe Aviation Limited INE646L01027	Transport Services	1.73%
Syngene International Limited INE398R01022	Healthcare Services	1.64%
PB Fintech Limited INE417T01026	Financial Technology (Fintech)	1.62%
TBO Tek Limited INE673O01025	Leisure Services	1.56%
Siemens Limited INE003A01024	Electrical Equipment	1.55%
Dixon Technologies (India) Limited INE935N01020	Consumer Durables	1.42%
Shiprocket Limited INE0FOO01011	Transport Services	1.27%
Sanofi Consumer Healthcare India Limited INE0UOS01011	Pharmaceuticals & Biotechnology	1.26%
Multi Commodity Exchange of India Limited INE745G01043	Capital Markets	1.19%
Restaurant Brands Asia Limited INE07T201019	Leisure Services	1.18%
Jubilant Foodworks Limited INE797F01020	Leisure Services	1.17%
Tata Motors Passenger Vehicles Limited INE155A01022	Automobiles	1.14%
JSW Energy Limited INE121E01018	Power	1.14%
Timken India Limited INE325A01013	Industrial Products	1.07%
Kaynes Technology India Limited INE918Z01012	Industrial Manufacturing	1.03%
Meesho Ltd INE0VDM01015	Retailing	1.03%
Billionbrains Garage Ventures Ltd INE0HOQ01053	Capital Markets	1.01%
Delhivery Limited INE148O01028	Transport Services	1.01%
Rainbow Childrens Medicare Limited INE961O01016	Healthcare Services	1.00%
Divi's Laboratories Limited INE361B01024	Pharmaceuticals & Biotechnology	1.00%
PhysicsWallah Limited INE0LP301011	Other Consumer Services	0.98%
Tube Investments of India Limited INE974X01010	Auto Components	0.96%
KFin Technologies Limited INE138Y01010	Capital Markets	0.95%
eMudhra Limited INE01QM01018	IT - Services	0.94%
Krishna Institute Of Medical Sciences Limited INE967H01025	Healthcare Services	0.91%
Bajaj Auto Limited INE917I01010	Automobiles	0.90%
Niva Bupa Health Insurance Company Limited INE995S01015	Insurance	0.83%
Kansai Nerolac Paints Limited INE531A01024	Consumer Durables	0.78%
Molbio Diagnostics Limited INE869T01028	Healthcare Equipment & Supplies	0.73%
GE Vernova T&D India Limited INE200A01026	Electrical Equipment	0.67%
Cholamandalam Investment and Finance Company Ltd INE121A01024	Finance	0.55%
Sapphire Foods India Limited INE806T01020	Leisure Services	0.55%
Craftsman Automation Limited INE00LO01017	Auto Components	0.54%

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Debt, money market and cash 3

Holding	Sector / type	% of fund
Triparty Repo	–	2.30%
Net Current Assets	–	0.17%
Cash Margin - CCIL	–	0.01%

From the fund house's monthly portfolio (mf.nipponindiaim.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility16.3%yearly, from daily NAVs

Worst fall-21.68%27 Sept 2024 → 28 Feb 2025

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 29 Sept 2023).

Fund details

Fund size (average AUM, July - September 2026)	₹3,019 cr across all plans · this plan ₹2,693 cr
Fund house	Nippon India Mutual Fund
Category	Equity · Sectoral / Thematic
Plan	Regular
Option	Growth
Exit load	1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter
Minimum investment	₹100 · additional ₹100
Scheme code (AMFI)	152034
ISIN	INF204KC1BL9
NAV date	5 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹15.1034	+0.19%
Direct · IDCW	₹15.1034	+0.19%
Regular · IDCW	₹14.4887	-1.05%

Top Sectoral / Thematic funds (regular plans)

Fund	1 year	3 years (a year)
Nippon India Taiwan Equity Fund	+47.19%	+43.51%
HDFC Defence Fund	+17.69%	+34.19%
HDFC Pharma and Healthcare Fund	+24.81%	+29.79%
SBI HEALTHCARE OPPORTUNITIES FUND	+19.79%	+24.25%
HDFC Transportation and Logistics Fund	+7.84%	+24.00%
UTI - Healthcare Fund	+16.17%	+23.25%
Mirae Asset Healthcare Fund	+20.29%	+22.85%
ICICI Prudential Healthcare Fund	+6.76%	+21.76%
Nippon India Innovation Fund	-1.05%	+12.91%

All Sectoral / Thematic funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of Nippon India Innovation Fund - Regular Plan - Growth today?

₹14.4887 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of Nippon India Innovation Fund - Regular Plan - Growth?

1 year: -1.05%, 3 years: 12.91% a year

How does Nippon India Innovation Fund rank in its category?

155 of 248 Sectoral / Thematic funds (regular plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.